China-India Geopolitics: News & Discussions

[Shotgunner51]

The writer of the article do not seem to have the common sense to realize that everything that the Chinese do is not essentially an imitable necessity by the Indians, least to say in defense. Given that Indian threat perception, regional aspirations are bound to vary to a very wide degree than the Chinese and the domestic economic and socio-political realities are in stark contrast to each other, it is no less than idiocy to compare these two countries with the same yardstick.

Very well said, can't agree more.

Thread closed.

 

[艹艹艹]

http://www.moneycontrol.com/news/wo...inasoftware-electronics-segments_8117421.html
Dec 15, 2016, 09.17 AM | Source PTI

$22 mn FDI from China in software, electronics segments

In response to another query, Chaudhary said India's total import of electronics and telecom equipment has grown from USD 33.23 billion in 2013-14 to USD 40.93 billion in 2015-16.

Foreign direct investment (FDI) of USD 22.47 million flowed in from China in the areas of computer software, electronics and telecommunications between April 2000 to September 2016, Parliament was informed.

"As per the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, the total FDI inflows from April 2000 to September 2016 in computer software, electronics and telecommunications sectors from China is of the order of USD 22.47 million," Minister of State for Electronics and IT P P Chaudhary said in a written reply to the Lok Sabha.

He added that FDI into computer software and hardware stood at USD 12.92 million, while that in electronics and telecommunications was at USD 8.37 million and USD 1.18 million, respectively.
In response to another query, Chaudhary said India's total import of electronics and telecom equipment has grown from USD 33.23 billion in 2013-14 to USD 40.93 billion in 2015-16.

"It stood at USD 19.61 billion in the first six months of fiscal 2016-17," he added.

China's share has grown from 51 percent in 2013-14 to 53 percent in 2015-16 and stood at 58 percent between April-September 2016, he said.

 

[艹艹艹]

http://www.livemint.com/Politics/Ky...er-China-tariff-removal-on-over-70-goods.html
India may offer China tariff removal on over 70% goods
India plans to take a longer period to eliminate tariff with China to give the domestic industry enough time to adjust to a trade deal with China

Asit Ranjan Mishra

Steel industry is particularly worried as China has been dumping iron and steel products in India at a much lower price than the domestic industry can supply at. Photo: Bloomberg

New Delhi:India plans to offer tariff elimination on more than 70% traded goods with China over an extended period of time under the ongoing negotiations for a Regional Comprehensive Economic Partnership (RCEP) agreement.

“One cannot go beyond 6% offer on either side of common concession. For example, if common concession is decided at 80% for all countries, then we cannot offer China tariff elimination of less than 74%,” a government official said, requesting anonymity.

The common concession of tariff lines is the minimum tariff elimination that a country has to offer under RCEP, which is yet to be finalized. India plans to take a longer period to eliminate tariff with China, say up to 30 years, to give the worried domestic industry enough time to adjust to a trade deal with China.

Steel industry is particularly worried as China has been dumping iron and steel products in India at a much lower price than the domestic industry can supply at. India has often resorted to anti-dumping measures to protect domestic industry from the onslaught of cheap imports from China.

“Other countries want a shorter phasing out period of tariffs; we want a longer phasing out period. Others say what you give to one country, you have to give to everybody, which we don’t agree to,” the official said, pointing at the current level of discussions at RCEP among member countries.

At the Laos Ministerial in August, India had agreed to forgo its own proposal of a three-tier system of tariff concessions to member states under RCEP trade agreement, under which it had proposed to offer 42.5% elimination of tariff lines to China. However, since then, India had sought to play hardball insisting to make services agreement more ambitious where it has an upper hand considering the 12 million skilled youth entering its domestic job market every year.

However, officials are still not clear regarding the possible deliverables in services negotiations, as other members remain inflexible and unwilling to cede ground. “We have to negotiate really hard on services,” the official said.

India has also agreed to give the highest level of tariff elimination to the Association of Southeast Asian Nations (Asean) grouping. In a bilateral meeting during the just-concluded negotiations in Indonesia, India made the assurance to the Asean grouping. The next round of talks is scheduled to be held in Kobe, Japan in February next year.

After the US president elect Donald Trump announced that he will dump the Trans-Pacific Partnership (TPP) agreement championed by present President Barack Obama on the first day in office, focus has shifted to negotiations in RCEP.

Started in May 2013, RCEP comprises the 10 economies of the Asean region (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam) and six of its free trade partners (Australia, China, India, Japan, New Zealand and South Korea).

The grouping envisages regional economic integration, leading to the creation of the largest regional trading bloc in the world, accounting for nearly 45% of the world’s population and with a combined gross domestic product of $21.3 trillion.

The regional economic pact aims to cover trade in goods and services, investment, economic and technical cooperation, competition and intellectual property.

 

[AndrewJin]

Accept it or get out of RCEP.

 

[BuddhaPalm]

Never do business with India, they are crook and it is a waste of money to do business with the Indian.

Exactly! Not everything that walks on two legs is entitled to recognition as a full human being with moral credibility. Indian religion causes them to cheat non-Hindus. Just accept this fact, see that they are not entitled to recognition as a full human being with moral credibility and move on doing your business elsewhere.

 

[CaptainJackSparrow]

Exactly! Not everything that walks on two legs is entitled to recognition as a full human being with moral credibility. Indian religion causes them to cheat non-Hindus. Just accept this fact, see that they are not entitled to recognition as a full human being with moral credibility and move on doing your business elsewhere.

You do know that yours is an Indian religion too, right?

 

[Echo_419]

Accept it or get out of RCEP.

Is that another warning?

 

[Qutb-ud-din Aybak]

Chinese need to stop being crybaby.



Yup who can be more crook than the chinese. Just look at the different scenarios where people are suffering due to chinese investment.

even chinese who haven't lived with you knows about your bunya attitude. Ye to lul ho gaya.

 

[Shotgunner51]

For those posters have received negative and 1st warning, stay on topic or you will be banned.

 

[AndrewJin]

Is that another warning?

What warning?
It's a choice one country can make, accepting the rules or no consideration at all.

 

[Qutb-ud-din Aybak]

You guys are good cheerleaders but your value worth is very low to pay any heed.

but your whole politics is centred around us. your actions don't support your words.

 

[Shotgunner51]

New Delhi:India plans to offer tariff elimination on more than 70% traded goods with China over an extended period of time under the ongoing negotiations for a Regional Comprehensive Economic Partnership (RCEP) agreement.

A pragmatic move by Indian government, citing the facts that most of Chinese exports are capital goods (e.g. electro-mechanical machinery) or industrial components (electronic components, advanced materials/chemicals), while fast loosing share on labour-intensive exports.

Started in May 2013, RCEP comprises the 10 economies of the Asean region (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam) and six of its free trade partners (Australia, China, India, Japan, New Zealand and South Korea).

Welcome India to deepen integration in this 16 nations bloc. Free trade fosters competition, drives companies to strengthen competitiveness, only eliminate those inefficient ones.

 

[Kaniska]

Never do business with India, they are crook and it is a waste of money to do business with the Indian.

If China do not like it, they can walk out too...You do not have to show your strong vocabulary of your so called beautiful words to communicate this message.

 

[Sanchez]

Nothing would stop domination of Chinese goods on Indian market if India wants to play by the rules. A better thing India can do than setting protective measures is to raise competitiveness of make in India.

Indian market takes in only a tiny portion of China’s exports， no big deal！

 

[DoTell]

If China do not like it, they can walk out too...You do not have to show your strong vocabulary of your so called beautiful words to communicate this message.

What makes you think we haven't walked out? Don't you worry about us pal. Whatever left that we're pushing in your country must still be making money for us, your money. The one with gift of words is you, so you can talk all you want while we walk to the bank